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...community. “We’re now able to provide faster delivery service, drop prices considerably, and have zero emissions,” Gain said. Deliveries—via MetroPed or otherwise—require a $5 flat fee plus $1 for each additional book, a rate reduced to make ordering books from home “more accessible,” Gain said. MetroPed owner Wenzday Jane said that from a customer’s vantage point, the delivery process remains exactly the same as using a traditional service. Every afternoon, a MetroPed “driver?...
...other words, the trauma is far from over. Just consider the uptick in the delinquency rate of loans written in 2003 and 2004. A borrower who falls behind on payments typically does so within the first two or three years, but now the problems are reaching ever further back. "These older vintages should be out of the woods, but they're not," says Jadlos. That's partly because dropping property values have driven homes, on average, down to what they cost four years ago. Add in all those home equity loans people used to free up cash...
...also dependent on federal stimulus money. California expects approximately $80 billion, although it is not yet clear exactly where this money will be funneled. For instance, if the state determines there is enough money from the federal stimulus package not earmarked for other areas, the personal income tax rate hike could be reduced by half...
...Given Mexico's widespread breakdown in security, the praise for Flores' Feb. 5 act of self-defense is unsurprising. The conviction rate in the thousands of murders and kidnappings afflicting the nation every year is estimated to be as low as 5%. Women and children are also increasingly among those killed by criminal gangs. And the limits on the legal system's ability to stem the tide of violent crime has produced a growing, shadowy movement for vigilante justice. In recent months, at least three new clandestine groups have promised to hunt down and murder criminals to help restore order...
...wares, trade will likely dominate all near-future discussions with the U.S., China's biggest trade partner, and could become the primary source of bilateral friction. In a January speech at Davos, Chinese Premier Wen Jiabao lectured about the "inappropriate macroeconomic policies of some economies" with low rates of savings and high consumption - an "unsustainable model of development." In other words, the U.S. When outgoing U.S. Treasury Secretary Paulson was quoted as suggesting that China's high rate of savings helped set off the worldwide crisis by lowering interest rates and encouraging high-risk investment, the state press launched...